BUSINESS START-UPS

Helping Start-Ups Hit The Ground Running

According to figures released by the Office for National Statistics in March 2020, around 80% of UK companies failed within their first year and only 42.4% of businesses started in 2013 were still trading five years later. Why is the failure rate so high? Quite simply the main reason is the failure to plan your business properly. Remember the old adage – if you fail to plan then you plan to fail!

By employing the services of a business consultant you will greatly increase your chances of success. We will help you to avoid the pitfalls that have caused others to fail. We love business start-ups and the challenges involved in helping an entrepreneur turn dreams into reality. It really doesn’t matter whether you are looking to become a multi-millionaire or merely make a living from your chosen business – the challenge for us is to see you achieve your goals.

How RBBC Can Help You & Your Start-Up

All businesses should have a Business Plan to cover at least the next twelve months, but ideally your plan will be your blueprint or roadmap for the next three to five years. A robust business plan will include cash flow forecasts; show an understanding of business concepts, an awareness of your chosen market and include a disaster recovery plan should the unexpected happen – like a global pandemic for example! If you are looking for initial funding for your new venture the plan will need to be more detailed as you must convince a potential lender or investor of your ability to succeed. We will write your Business Plan with you, liaise with other professionals such as your accountant and legal adviser, and make sure that you are properly prepared and ready to start trading profitably from day one. We will then work with you for as long as you need us, either on a retainer basis or on specific projects such as sales training or financial planning, as your business grows.

BUSINESS START-UP SCENARIO

I have just helped a new limited company client to purchase and refurbish premises in Liverpool by writing their Business Plan and arranging the bridging finance, commercial mortgage and business protection they required.

FINANCIAL PLANNING SCENARIO

I act for a Limited Company Buy To Let property business and help them raise the funds required to purchase, refurbish and refinance residential properties. They are now on their third property with another waiting.

BUSINESS RESCUE SCENARIO

A limited company in the aerospace industry incurred significant set up costs and although it now had the potential to trade profitably, it was actually insolvent and cash flow was stretched to the limits. Read how it survived!

REQUEST A CALLBACK FROM OUR BUSINESS SUPPORT EXPERTS

Have any questions about our service? We would love to hear more about your business and help fulfil it’s potential.